Behavioral Health Market Research, 2032
The global behavioral health market was valued at $52 billion in 2022, and is projected to reach $107.3 billion by 2032, growing at a CAGR of 7.7% from 2023 to 2032. Behavioral health is defined as the connection between behavior and the health and well-being of the body, mind and spirit. This is projected to include how behavior like eating habits, drinking or exercising impact physical or mental health. It mainly refers to the mental health, psychiatric, marriage & family counseling and addiction treatment. It includes services provided by social workers, counselors, psychiatrists, neurologists and physicians. Some of the known causes of behavioral health disorders include early adverse life experiences, such as trauma and a history of abuse, old experiences related to chronic medical conditions, such as cancer or diabetes, biological factors or chemical imbalance in the brain, use of alcohol or drugs, having feelings of loneliness or isolation. Behavioral health services can be used to treat a wide range of psychological conditions and disorders that include alcohol and substance use disorders, attention-deficit/hyperactivity disorder (ADHD), and eating disorders.
Key Takeaways
- By disorder, the substance abuse disorders segment accounted for major share of the global behavioral health market in 2022.
- By service, the emergency mental health services segment is anticipated to grow with the highest CAGR during the forecast period.
- By age group, the adult segment occupied major share of the global behavioral health market in 2022 and is expected to remain dominant during the forecast period.
- Asia-Pacific is anticipated to grow at the highest rate during the forecast period.
The global behavioral health market size is anticipated to exhibit significant growth during the forecast period, owing to increase in prevalence of destructive behavior, increase in number of substance abuse and increase in the demand for behavioral health services.
Furthermore, the penetration of digital technologies such as telehealth, development of new treatments for behavioral health and increased funding to treat behavioral health issues are considerably contributing toward the growth of behavioral health market size. However, availability of alternative health therapies for behavioral disorders and high cost of service associated with the behavioral healthcare are negatively impacting the market behavioral health market share. Conversely, the introduction of telehealth for behavioral health care offers lucrative behavioral health market opportunity.
Behavioral Health Market Segmentation
The behavioral health market share is segmented into Disorder, Service and Age Group. By disorder, the market is classified into alcohol use disorders, substance abuse disorders, eating disorders, ADHD and others. By service, the market is categorized into emergency mental health services, outpatient counselling, home-based treatment services, inpatient hospital treatment services and other services. Furthermore, the emergency mental health services is sub-classified as male and female. The outpatient counselling is sub-classified as male and female. The home-based treatment is sub-classified as male and female. The inpatient hospital treatment services is sub-classified as male and female. The other services is sub-classified as male and female. By age group, the market is classified into pediatric, adult and geriatric. Region wise, the market is studied across North America (U.S., Canada, and Mexico), Europe (Germany, France, the UK, Italy, Spain, and Rest of Europe), Asia-Pacific (China, Japan, Australia, India, and Rest of Asia-Pacific), and LAMEA (Brazil, South Africa, Saudi Arabia, and Rest of LAMEA).
By Disorder
By disorder, the market is segmented into alcohol use disorders, substance abuse disorders, eating disorders, ADHD and others. The substance abuse disorders segment is anticipated to grow with the largest share throughout the forecast period. This is attributed to increase in the prevalence of substance abuse and also the rise in the incidences of substance abuse during the COVID-19 pandemic. On the other side, the demand for eating disorders is projected to exhibit the fastest market growth during the forecast period due to its affectivity, and expected increase in the prevalence of eating disorders.
By Service
By service, the market is segmented into emergency mental health services, outpatient counselling, home-based treatment services, inpatient hospital treatment services and other services. The inpatient hospital treatment services segment was the major revenue contributor in 2022, and is anticipated to continue this trend during the forecast period, due to increase in number of inpatient behavioral health service providers and increase in the demand for treatment services. On the other side, the emergency mental health services segment is projected to exhibit the fastest behavioral health market growth during the forecast period, owing to increase in geriatric population, and rise in number of emergency mental health service centers.
By Age Group
By age group, the market is segmented into pediatric, adult and geriatric. The adult segment was the major revenue contributor in 2022, and is anticipated to continue this trend during the forecast period, due to increase in adult population affected by the mental disorders and increase in the awareness regarding the treatment services among the population. Moreover, the adult segment is projected to exhibit the fastest market growth during the forecast period, owing to increase in prevalence of the behavioral illness that increases the demand for behavioral health services for adults.
By Region
North America accounted for the largest share of revenue in 2022, and is anticipated to maintain its dominance during behavioral health market forecast years, owing to presence of large patient population, strong presence of key players, ease of service availability, well developed healthcare infrastructure, favorable reimbursement policies in healthcare system, higher number of research, development. However, Asia-Pacific is expected to grow at the highest CAGR, owing to increase in number of affected population and rise in awareness related to different disorders related to behavioral health.
Recent Developments in Behavioral Health Industry
- In June 2022, Acadia announced that it has formed a partnership with Tufts Medicine to build a new, 144-bed, stand-alone behavioral health hospital in Malden, Massachusetts.
Key Benefits for Stakeholders
- This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the behavioral health market analysis from 2022 to 2032 to identify the prevailing behavioral health market opportunities.
- The market research is offered along with information related to key drivers, restraints, and opportunities.
- Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
- In-depth analysis of the behavioral health industry segmentation assists to determine the prevailing market opportunities.
- Major countries in each region are mapped according to their revenue contribution to the global market.
- Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
- The report includes the analysis of the regional as well as global behavioral health market trends, key players, market segments, application areas, and market growth strategies.
Behavioral Health Market Report Highlights
| Aspects | Details |
 Market Size By 2032 | USD 107.3 billion |
 Growth Rate | CAGR of 7.7% |
 Forecast period | 2022 - 2032 |
 Report Pages | 283 |
 By Age Group |
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 By Disorder |
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 By Service |
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 By Region |
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 Key Market Players | Civitas Solutions Inc. (Sevita), Oracle Corporation, Universal Health Services, Inc., Behavioral Health Services Inc., Acadia Healthcare Co., Elevance Health, LLC, Core Solutions Inc., Ascension, Bright Harbor Healthcare, Welligent Inc., Centene Corporation PLC, Pyramid Healthcare, Inc. |
Analyst Review
This section provides various opinions of the top-level CXOs in the behavioral health industry. Utilization of behavioral health services is expected to witness a significant rise owing to increase in prevalence of behavioral health disorders in both developed and developing economies. Furthermore, the global behavioral health market growth is propelled by surge in adult population, increase in collaboration between market players for development of treatment services, and rise in awareness associated with mental disorders.
North America accounted for the highest market share in 2022, due to availability of treatment centers, higher disorder awareness, and heavy expenditure by the government on healthcare, followed by Europe and Asia-Pacific. Asia-Pacific is expected to exhibit fastest market growth during the forecast period, due to increase in incidence of substance abuse. Market players are focused on expanding their presence in emerging economies, which is anticipated to drive the market growth.
Asia Pacific is the fastest growing region in Behavioral Health Market
Yes, competitive landscape included in the Behavioral Health Market
Availability of alternative health therapies for behavioral disorders
Oracle, Microsoft UHS are the top companies to hold the market share in Behavioral Health
The market is estimated to be USD 52 Billion in 2022
North America is the largest regional market for Behavioral Health
Substance abuse is the leading disorder in Behavioral Health Market
Increase in prevalence of destructive behavior, increase in number of substance abuse and increase in the demand for behavioral health services are the key trends of behavioral health market.
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